L3Harris Technologies operates as an international communications and information technology company worldwide. The company operates through RF Communications, Integrated Network Solutions, and Government Communications Systems segments. The company was founded in 1916 and is based in Melbourne, Florida.
LHX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for LHX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that L3Harris Technologies Inc ranked in the 31th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of L3Harris Technologies Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is 7.82; that's higher than 60.94% of US stocks in the Industrials sector that have positive free cash flow.
84% of the company's capital comes from equity, which is greater than 70.41% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as LHX, try ENS, FAST, OESX, ITNM, and ITW.